US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Stock Price Up 0% – Should You Buy?

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) shot up 0% on Friday . The company traded as high as $50.16 and last traded at $50.15. 108,282 shares were traded during trading, a decline of 13% from the average session volume of 125,097 shares. The stock had previously closed at $50.14.

US Treasury 6 Month Bill ETF Stock Up 0.0%

The business has a 50 day moving average price of $50.13 and a 200 day moving average price of $50.12.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a dividend of $0.15 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Thursday, January 29th.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of institutional investors have recently made changes to their positions in the company. Alpine Bank Wealth Management increased its position in shares of US Treasury 6 Month Bill ETF by 110.8% during the third quarter. Alpine Bank Wealth Management now owns 39,850 shares of the company’s stock valued at $2,000,000 after acquiring an additional 20,945 shares in the last quarter. Harbor Investment Advisory LLC purchased a new stake in US Treasury 6 Month Bill ETF during the 3rd quarter valued at $754,000. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of US Treasury 6 Month Bill ETF by 8.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after purchasing an additional 9,831 shares in the last quarter.

US Treasury 6 Month Bill ETF Company Profile

The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.